Bidvest has proven the resilience of its business model by delivering pleasing operating and financial results. We have also made excellent progress on our stated objectives, which include, the strengthening and realigning of our portfolio to focus on our seven core divisions, strategically growing within our core sectors, ensuring a strong and capable leadership team, directing capital spend on meaningful infrastructural developments, and positioning for international diversification”,
Lindsay Ralphs – Chief executive.

The acquisition of the South African subsidiary of First Data Corporation, a global payment company, gave Bidvest Bank exclusive rights to acquiring technology it was using to provide merchant banking services to clients, said Bidvest Bank MD Japie van Niekerk.

In compliance with Section 3.59 of the listing requirements of the JSE Limited, Bidvest is pleased to announce the appointment, with immediate effect, of Carol Winifred Nosipho Molope (Nosipho) as an Independent Non-executive Director; to the Bidvest board.

Back in 1942 brothers Lukie and Sam Matus started a hardware and tool business. Little did they know that 75 years later Matus would be the number one trusted tool and hardware partner in the industry.

Following Moody's Investors Service (Moodys or the agency) rating action on the South African sovereign on Friday, June 9 2017, the agency yesterday downgraded Bidvest’s credit rating as it is constrained by the sovereign rating.

2015

The Bidvest Group has announced that it will restructure its business operations into three distinct and independent companies, each with its own statutory board of directors comprising senior executive management and independent directors.

Shareholders are referred to the Stock Exchange News Service (“SENS”) announcement released by Bidvest on Thursday, March 19 2015 notifying Adcock shareholders of the posting by Bidvest of an offer circular containing, inter alia, details of the Offer and the important dates and times in relation thereto.

The Bidvest Group Limited (Bidvest) and Mvelaserve Limited (Mvelaserve) have jointly announced that Bidvest will make an offer to Mvelaserve shareholders to acquire those shares Bidvest do not currently own.

Bidvest posts a 27,4% rise in headline earnings per share for the year to the end of June 2012. Pleasing trading results were supplemented by a R399,1 million profit on partial disposal of Bidvest’s stake in Mumbai International Airport Private Limited (MIAL)

2011

The Bidvest Group have taken their first "steps" into the South American Foodservice market through the acquisition of 60% of Deli Meals, Santiago, Chile. The acquisition was completed on Monday, November 21.

Bidvest, the international services, trading and distribution group, today (December 13 2011) welcomed news that the Fitch ratings agency has upgraded the Group's national long-term rating to 'AA-(zaf)' from 'A+(zaf)' and national short-term rating to 'F1+(zaf)' from 'F1(zaf)'.

The Bidvest Group in association with Cricket South Africa and the Gauteng Cricket Board have partnered in a campaign that aims to reduce the risk of breast cancer by aligning themselves to Cansa(The Cancer Association of South Africa) as well as the McGrath Foundation of Australia.

Mercantile Bank Holdings (JSE:MTL), the lender controlled by Portugal's Caixa Geral de Depositos SA, share price jumped 25% to 25c after it received an unsolicited takeover offer from Bidvest of R0.355 a share.

2010

Bidvest, the diversified industrial company, is pleased to announce that it has acquired 100% of the share capital of Seafood Holdings Limited ("Seafood") for an enterprise value of GBP 45 million (approximately R473 million).

Bidvest anticipates headline earnings per share (HEPS) for the six month period ended December 31 2009 to be up by between 8% and 10% on the previous interim period, after the expensing of R53,4 million of acquisition costs in respect of the eastern European acquisitions, Nowaco and Farutex. These acquisition costs would have been previously capitalised to the cost of investment but in terms of the revised IFRS3 accounting standard are now included as an expense in headline earnings. If HEPS were to be adjusted for the impact of these acquisition costs, HEPS would be up by between 12% and 14%.

2009

BIDVEST, the international services, trading and distribution group, today (Wed. October 21) announced in a joint-statement with Gauteng Cricket Board that it has secured the naming rights to Wanderers cricket stadium for the next five years.

Bidvest expands its foodservice interests into Central and Eastern Europe. BIDVEST, the international services, trading and distribution group, today (August 3 2009) announced a major expansion of its international foodservice interests.

In compliance with Rules 3.59b of the JSE Listing Requirements, the following information is disclosed:
Mr David Edward Cleasby, Group Financial Director, has been appointed as Company Secretary to the
Group with effect from February 26 2009.

The Bidvest Group has signed an agreement to acquire Viamax Holdings (Pty) Limited, the fleet management and leasing business of Transnet Limited, for approximately R1 billion. The acquisition is subject to approval by the Competition Commission

David Cleasby, who was appointed as financial director designate last year, will assume full responsibility with effect from July 9 2007. Cleasby, who was also head of group corporate finance and investor relations, succeeds Peter Nyman. Nyman will remain an executive director with scaled down responsibilities focussing on special projects prior to his pending retirement.

Bidvest today (Sunday, July 1 2007) announced its expansion into general commercial banking services through the transformation of specialist Rennies Bank into a provider of a wider range of financial services.

Shareholders of Bidvest are referred to the cautionary announcement dated April 10 2007 wherein Bidvest informed shareholders that it was involved in negotiations relating to a number of potential acquisitions, which if successfully concluded, may have had a material impact on Bidvest's share price. The status of these acquisitions is set out below.

Shareholders of Bidvest are informed that the company is currently involved in negotiations relating to a number of potential acquisitions. Each of these potential transactions is at a different stage of the transaction process. If these transactions are successfully concluded it may have a material impact on Bidvest’s share price. Shareholders are accordingly advised to exercise caution in their dealings in Bidvest shares until such time as further announcements are made.

2006

Bidfreight, the freight management arm of the listed Bidvest Group, today (Monday, November 6 2006), commissioned Africa's fastest and largest grain ship unloader as its bulk terminal operations in Durban harbour set a new benchmark for berth occupancy efficiency.

Namsea shareholders are referred to the joint announcement by Bidvest and Namsea dated May 9 2006, regarding a voluntary offer by Bidvest to all shareholders of Namsea other than Bidvest (“the offer”). All the conditions precedent to the offer have been met and accordingly, the closing date of the offer will be September 15 2006 (“the closing date”).

Further to the announcement regarding the restructuring of the Board made on the release of the Group's results for the half year ended December 31 2005, Bidvest is pleased to announce its current directorate:

At a gala function in Sandton on Wednesday, June 21 2006, Bidvest was announced the winner of the Investment Analysts Society award for the best reporting and corporate communication in the industrial services sector for the second consecutive year.

In the 2002/2003 season, Bidvest pledged their support of South African soccer by investing in a sponsorship with the Wits University Football Club. So fruitful was this relationship that, in May 2006 Bidvest, bought a large stake in the club and have formed a formidable partnership that most other PSL clubs can only envy.

Bidvest announces that its UK Foodservice subsidiary, 3663 First For Foodservice has today been informed that its contract to supply foodproducts to the Ministry of Defence (“MOD”) will not be renewed upon its expiry in September 2006. Shareholders are advised there will be no impact on the results of the Group to June 30 2006 and the impact in subsequent years will not be significant.

Bidvest announces that it has concluded a transaction for the sale of its cross channel ferry business in the United Kingdom, including the terminal at Dartford, Kent for an amount of ￡58,9 million (fifty eight million nine hundred thousand pounds sterling). The transaction is effective from January 1 2006.

The Bidvest Group Ltd, owners of 3663 First for Foodservice, the UK's leading foodservice wholesale distributor, has acquired a majority shareholding in HORECA Trade in the United Arab Emirates , with the intention of developing it to become the number one foodservice distribution company in the region.